Investment Opportunity

Joint Venture partnership is sought for a hotel project in a prestigious area on the Black Sea, namely the resort area of Odessa city, close to the historical and commercial center of the city. The hotel is a 4-star hotel under the direction of one of the leading international hotel operators. The construction of the hotel resort is 100% completed and finishing is at 60 %. Investment horizon would be 3-6 years and expected IRR is 35-50%.

Detailed information:• 4-star hotel with 215 rooms (under the direction of one of the leading international hotel operators)• 256 luxury apartments (managed by one of the leading international brands of luxury residences)• Both buildings will have a stylobate and will contain a fitness center with an indoor 25-meter swimming pool, SPA and wellness clinic• The hotel resort is situated on the sea with a private beach with a long coastline of 200 meters• In addition to the exclusive private beach, in the hotel complex outdoor pools, tennis courts, playgrounds, covered parking, and finally an outdoor amphitheater for cultural events will be located• The hotel resort will also have bars, restaurants, a conference center with an area of over 1,000 m2 to enable a variety of international events.

Location:

• The hotel resort is located about 7 km (linear distance) to the south of the city centre, with direct access to the coast of the Black Sea. The surrounding area is characterized by residential buildings and – at the moment – by smaller construction sites (mainly for residential buildings).• The local well-known entertainment zone (offering several restaurants, clubs and bars, etc.) is situated about 500 m (linear distance) to the north of the hotel complex. A private yacht club also featuring restaurants and small entertainment facilities on a rather upscale level is located about 300 m (linear distance) to the south of the hotel complex.• Odessa International Airport is located about 7 km to the west of the hotel complex.